Yes.

Debit cards are not actually credit cards. A debit card is actually a bank card that "deposits first and then spends". When using a debit card, you can transfer money, deposit and withdraw cash (with interest), make purchases with the card, etc., but you cannot overdraft. In addition, credit cards are a "spend first and pay later" model. You do not need to make a deposit to use the card to make purchases, overdraft cash withdrawals, deposits (no interest), etc., but you need to pay back the money to the bank after consumption.

Usually, the main differences in their functions are:

1. Debit card deposits have interest, but credit cards do not.

2. Credit cards can have a revolving credit limit. Usually, card-issuing banks in my country will give cardholders an interest-free period of up to 60 days. The credit limit of the cardholder is determined based on the credit status. Debit cards There is no revolving credit line.

3. Credit cards support unsecured and unsecured loans, but debit cards do not.

4. Credit cards are generally short-term, small-amount, and non-specified credit, while debit cards can be used anytime.

5. In addition to credit loans, credit cards also have functions such as cash deposits and withdrawals, transfers, payment settlements, collections and payments, general deposits and withdrawals, cash limit withdrawals, and online shopping. Debit cards can only be used for deposits and withdrawals, transfers, online shopping, etc.